Why is United Spirits falling/rising?

As of 12-Aug, United Spirits Ltd is experiencing a decline in its stock price, currently at 1,297.65, which reflects a decrease of 4.65 or 0.36%. The stock has underperformed its sector by 1.08% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 1.98%, and it has also seen a significant decline of 20.16% year-to-date, contrasting sharply with the Sensex, which has gained 2.68% during the same period. Additionally, the stock is close to its 52-week low, just 1.82% away, and has experienced a notable drop in investor participation, with delivery volume falling by 49.39% compared to the 5-day average.
In the broader market context, United Spirits' recent performance is notably weaker than the benchmark, as it has underperformed the Sensex in both the short-term and year-to-date comparisons. Despite having high management efficiency and a low debt-to-equity ratio, the company faces challenges such as poor long-term growth, with net sales increasing at only 5.29% annually over the past five years. Furthermore, the stock's high valuation, reflected in a Price to Book Value of 11.6, suggests it is trading at a premium compared to its peers, which may deter potential investors. Overall, these factors contribute to the stock's downward movement in the current market environment.